Posts Tagged ‘electric cars’
High-priced cars are all the rage nowadays. Aston Martin cars fill many of the slots in this class, and seem to be the motor car of choice for British secret agents. Bentleys are favored by those who can’t afford a Rolls-Royce. Another is the Maybach. All these cars sell for $200,000 and up. The Maybach is in a class by itself, starting at over $300,000. (Donald Trump owns one of those.)
Here’s a brief comparison:
|Car||Base Price||Engine||0 – 60||mpg||Top speed|
|Bentley GTC||$215,595||6 L, 567 HP||4.5 S||19||180 [note 1]|
|Aston Martin Rapide||$200,000||6 L, 470 HP||5.0 S||19||188.5|
|Chevy Volt||$200,000 [note 2]||149/83 HP [note 3]||9.2 S||36 [note 4]||100|
Note 1: We really don’t drive Bentleys for speed. They merely note that
With the top down, conversational voices are adequate for speeds up to 100 mph; after that, you may need to raise the side windows to discuss global safety or baccarat strategy.
Note 2: The “Base Price” cost to the consumer is between $40k and $46k (depending on options). Tax credits bring it down to about $32,500.
Note 3: The Volt has both an electric and a gasoline engine. The electric engine is rated at 149 HP, the gas engine at 83 HP.
Note 4: It gets 36 mpg when the gas engine is running. As they point out, the first 35 miles are free, as it runs on batteries alone. But still, 35 miles at 35 miles/hour gives you one hour of driving. It gets 36 mpg on the gas engine alone, which gives it a range of about 340 miles.
Now we can ask where the figure of “$200,000” comes from.
According to Michigan Capitol Confidential:
Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Some have complained that this figure is based only on the number of cars sold so far, and that as sales head toward millions of Volts, the government cost per car will drop dramatically.
However, for the one in the showroom today, the government has spent about $200,000; you have to pick up the extra $40k or so.
We should also note that the first two cars (Bentley and Aston Martin) come without the “burst into flame” option.
However, if you do drive one of the Volts, you get bragging rights to a car that cost about $200,000 to build.